Hsbc Holdings PLC Invests $4.18 Million in Sunstone Hotel Investors, Inc. $SHO

Hsbc Holdings PLC bought a new stake in Sunstone Hotel Investors, Inc. (NYSE:SHO) in the 2nd quarter, according to its most recent 13F filing with the SEC. The firm bought 365,360 shares of the real estate investment trust’s stock, valued at approximately $4,183,000.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Kestra Advisory Services LLC acquired a new position in Sunstone Hotel Investors during the 4th quarter worth approximately $26,000. North Star Investment Management Corp. acquired a new stake in Sunstone Hotel Investors in the first quarter valued at approximately $27,000. FIL Ltd grew its stake in Sunstone Hotel Investors by 57.2% in the fourth quarter. FIL Ltd now owns 9,010 shares of the real estate investment trust’s stock valued at $81,000 after acquiring an additional 3,280 shares during the period. Sequoia Financial Advisors LLC bought a new stake in shares of Sunstone Hotel Investors during the first quarter valued at approximately $91,000. Finally, Cerity Partners LLC acquired a new position in shares of Sunstone Hotel Investors during the second quarter worth approximately $88,000. 99.37% of the stock is owned by institutional investors.

Sunstone Hotel Investors Price Performance

Shares of NYSE:SHO opened at $11.36 on Friday. The company has a current ratio of 3.84, a quick ratio of 3.84 and a debt-to-equity ratio of 0.59. The stock’s fifty day simple moving average is $11.41 and its two-hundred day simple moving average is $10.44. Sunstone Hotel Investors, Inc. has a 1-year low of $8.69 and a 1-year high of $12.07. The stock has a market cap of $2.11 billion, a PE ratio of 51.64, a price-to-earnings-growth ratio of 2.68 and a beta of 0.97.

Sunstone Hotel Investors (NYSE:SHO) last posted its earnings results on Thursday, August 6th. The real estate investment trust reported $0.14 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.08 by $0.06. The firm had revenue of $277.11 million during the quarter, compared to analyst estimates of $266.67 million. Sunstone Hotel Investors had a net margin of 5.30% and a return on equity of 3.21%. Sunstone Hotel Investors has set its FY 2026 guidance at 0.930-0.980 EPS. As a group, analysts forecast that Sunstone Hotel Investors, Inc. will post 0.97 EPS for the current fiscal year.

Sunstone Hotel Investors Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, October 15th. Shareholders of record on Wednesday, September 30th will be paid a $0.09 dividend. The ex-dividend date is Wednesday, September 30th. This represents a $0.36 annualized dividend and a yield of 3.2%. Sunstone Hotel Investors’s dividend payout ratio (DPR) is 163.64%.

Insider Buying and Selling at Sunstone Hotel Investors

In other news, insider Robert C. Springer sold 89,631 shares of the business’s stock in a transaction that occurred on Wednesday, June 24th. The stock was sold at an average price of $11.62, for a total value of $1,041,512.22. Following the transaction, the insider owned 573,743 shares in the company, valued at $6,666,893.66. The trade was a 13.51% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. 1.40% of the stock is owned by insiders.

Wall Street Analysts Forecast Growth

A number of equities analysts recently issued reports on SHO shares. Wells Fargo & Company upgraded Sunstone Hotel Investors to a “strong-buy” rating in a report on Thursday, July 23rd. Citigroup boosted their price target on shares of Sunstone Hotel Investors from $9.50 to $10.00 and gave the company a “neutral” rating in a research note on Wednesday, May 6th. Wall Street Zen lowered shares of Sunstone Hotel Investors from a “buy” rating to a “hold” rating in a research note on Saturday, August 8th. Weiss Ratings upgraded shares of Sunstone Hotel Investors from a “hold (c)” rating to a “buy (b-)” rating in a report on Tuesday, August 11th. Finally, JPMorgan Chase & Co. boosted their target price on shares of Sunstone Hotel Investors from $9.00 to $10.00 and gave the stock an “underweight” rating in a research report on Tuesday, July 21st. One equities research analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating, five have issued a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat, Sunstone Hotel Investors has an average rating of “Hold” and an average price target of $10.67.

About Sunstone Hotel Investors

Sunstone Hotel Investors, Inc (NYSE:SHO) is a publicly traded real estate investment trust (REIT) focused on acquiring, owning and asset‐managing upper‐upscale extended‐stay and premium‐branded hotel properties in the United States. The company’s business model centers on generating stable, long‐term cash flows through franchise agreements and third‐party management contracts with established hotel operators.

As of the most recent reporting period, Sunstone’s portfolio includes approximately 97 hotels and nearly 25,000 guest rooms across 19 states, with concentrations in major metropolitan and select high‐growth secondary markets.